Unlimited Faculty who Provide Early Notice of Retirement. Unlimited faculty members who elect to retire with at least fifteen years (15.0 FTE) of service at any colleges of Minnesota State and who are at least age fifty-five (55) shall receive an incentive of two thousand dollars ($2,000.00). The incentive will be paid over the final two (2) academic year semesters of employment following notice or at the option of the faculty member, paid in a one-time lump sum at the end of employment.
Appears in 5 contracts
Samples: Master Agreement, Master Agreement, Employment Agreement
